Wyoming’s Stable Token Commission ranked Aptos highest among 10+ blockchains for its WYST stablecoin pilot program, scoring 32 points. The state-backed dollar-pegged stablecoin aims to generate revenue through Treasury bond interest while promoting financial innovation.
The US Senate has approved the GENIUS Act with bipartisan support, establishing the first federal regulatory framework for stablecoins. The bill now moves to the House before potentially reaching President Trump’s desk for final approval.
French banking giant Societe Generale will launch USD Coinvertible (USDCV) on Ethereum and Solana networks in early July, partnering with BNY Mellon as reserve custodian. This marks the bank’s second stablecoin offering following their successful EUR Coinvertible launch in 2023.
Uber CEO Dara Khosrowshahi announced the company is studying stablecoins as a payment solution to reduce cross-border transaction costs and streamline operations across its global platform. The ride-sharing giant joins other major corporations exploring digital currency adoption amid improving regulatory clarity.
Global banking giant Santander is evaluating the launch of dollar and euro-pegged stablecoins alongside expanded retail crypto services, reflecting a broader trend among major financial institutions amid evolving regulatory landscapes.
The US Senate advanced the GENIUS Act for stablecoin regulation while the House reintroduced blockchain developer protections, marking significant bipartisan progress in cryptocurrency legislation.
Circle has officially launched its Circle Payments Network (CPN) mainnet, a blockchain-powered system designed to enable instant cross-border payments and settlements using USDC stablecoin across multiple industries and regions.
White House crypto czar David Sacks claims the GENIUS Act stablecoin legislation could generate trillions in U.S. Treasury demand, despite mounting ethics concerns over President Trump’s family crypto ventures.
Tether has minted $1 billion of USDT on the Tron blockchain, pushing its authorized supply above Ethereum’s and marking a significant shift in stablecoin network dominance.
Atlanta-based Bitpay has introduced HODL Pay, allowing crypto holders to borrow stablecoins against their assets for everyday purchases without liquidating their long-term investments.
